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From Skills Revolution to Productivity Miracle--Not as easy as it Sounds?

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  • Ewart Keep
  • Ken Mayhew
  • Jonathan Payne

Abstract

This article surveys the potential impact of skill on productivity. It opens with a review of the utility of productivity as a measure of systemic economic performance, and then goes on to explore the oft-assumed close and strong relationship between skills and productivity. The importance of other factors and types of investment is stressed. These complementary elements may be at least as important as skill in boosting performance, and their absence may negate the impact of public investment in education and training. The ability of economic development policy, particularly as it relates to the Regional Development Agencies, to address skills and economic development is assessed, and questions are raised about what type and level of skill might have the largest impact on economic performance. In conclusion, we discuss the demands that new policy approaches are making upon the machinery and personnel of government. Copyright 2006, Oxford University Press.

Suggested Citation

  • Ewart Keep & Ken Mayhew & Jonathan Payne, 2006. "From Skills Revolution to Productivity Miracle--Not as easy as it Sounds?," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 22(4), pages 539-559, Winter.
    • Handle: RePEc:oup:oxford:v:22:y:2006:i:4:p:539-559
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    Cited by:

    1. Adrian Pabst & Andrew Westwood, 2021. "The Politics of Productivity: institutions, governance and policy," Working Papers 015, The Productivity Institute.
    2. Sue Maguire & Thomas Spielhofer & Sarah Golden, 2012. "Earning Not Learning? An Assessment of Young People in the Jobs without Training (JWT) Group," Sociological Research Online, , vol. 17(3), pages 247-255, August.
    3. Paul Sissons & Katy Jones, 2016. "Local industrial strategy and skills policy in England: Assessing the linkages and limitations – a case study of the Sheffield City Deal," Local Economy, London South Bank University, vol. 31(8), pages 857-872, December.
    4. Andrew Westwood & Marianne Sensier & Nicola Pike, 2021. "Levelling Up, Local Growth and Productivity in England," Insight Papers 005, The Productivity Institute.
    5. Olga Tregaskis & Alita Nandi, 2023. "Training and life satisfaction: a disrupted pathway to better work," Transfer: European Review of Labour and Research, , vol. 29(3), pages 387-404, August.
    6. Francesca Froy & Sylvain Giguère & Michela Meghnagi, 2012. "Skills for Competitiveness: A Synthesis Report," OECD Local Economic and Employment Development (LEED) Papers 2012/9, OECD Publishing.
    7. Ewart Keep & Ken Mayhew, 2010. "Moving beyond skills as a social and economic panacea," Work, Employment & Society, British Sociological Association, vol. 24(3), pages 565-577, September.
    8. Paul K. Edwards & Rocío Sánchez-Mangas & Olga Tregaskis & Christian Lévesque & Anthony McDonnell & Javier Quintanilla, 2013. "Human Resource Management Practices in the Multinational Company: A Test of System, Societal, and Dominance Effects," ILR Review, Cornell University, ILR School, vol. 66(3), pages 588-617, May.

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